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AI in Pharmaceuticals

Interconnected & Automated
Automated adverse drug reaction detection
Semantic Searching on Research Documents
Enhance Clinical Operational Efficiency
AI Powered Dynamic Retail Pricing
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Drug discovery and development are often a decade-long process with low success rates and high financial risks. The cost of bringing one new drug to the market is estimated at $2.7 billion – and with approval rate less than 1-in-10 drugs tested. If R&D is the life-line for pharma companies then data is the jewel. 

Having data that is consistent, reliable, and well linked is a fundamental requirement to effectively manage, analyze, and gain insights from data to achieve business goals. This is where emerging new Big Data Analytics is driving pharma companies to improve new drug development productivity and efficiency. From consulting to execution, Quadratyx helped top global pharma companies in leverage advancing technologies and address complex regulatory obligations. No matter what the challenge is – we will help keep your business operations moving forward.

AI IN ACTION

OUR SELECTED CUSTOMER SUCCESS STORIES

Query Execution Time Reduced to

3 mins
Increase in case acceptance

Scalable Solution

Compliance 2

Better Collaboration & Compliance

Data availability & ease of access

People

People Capability Improvement

Agile Reporting System

Proactive Approach to Pharmacovigilance

Automated adverse drug reaction detection

One of the Colombia’s largest pharma major hold a large database that contains records for different dispensaries in the province – date of dispensing, drug name, dose, patient info, geographic, etc. But their current infrastructure limits their ability to optimally store, integrate & generate insights rapidly from this huge heterogeneous data.

We built data flow pipelines, cohort mart, Data science patient mart to run following solutions:

  • Central shared data repository: ingested around 600 Mn records.
  • Unsupervised algorithm used to generate adverse event signals.
  • Dashboard individual patient level information can be viewed.
  • Cohort interface based on the specific input criteria
PV-5

Semantic Searching on Research Documents

Automatic text Extraction

Manually extracting information from research documents is time consuming and requires many cost-inefficient human hours. Our client, 5th largest independent biotech company in the world, wanted to automate information extraction process for rapid searching and advanced analytics.

The major challenge was that there was no uniformity in the structure, content or style across the clinical trial protocol documents prepared in different parts of the world. Quadratyx designed a solution encompassing:

  • Robust, sophisticated text pattern recognition & mining algorithm.
  • Extracted values for all key parameters provided.
  • Generated a single consolidated file from thousands of free-text documents.
Clinical data

95%

Accuracy

In extracting data from running text

100%

Regulation Compliant

Access documents and information in real time

case detection

Case-Detection

Was significantly Improved

integrated platform

Easy to set-up

Integrated Platform

Site location

Setting trial

Site Selection Strategy

Recruitment

Drives Participant Adherence

By reducing delays

Feasability

Site Feasibility Checks

No. & location of eligible candidates

Cost

Lower Trial Cost

Faster & improved recruitment quality

Enhance Clinical Operational Efficiency

Site Identification & Patient Recruitment

Identifying clinical trial sites that have access to enough patients who meet trial criteria was a huge challenge for our client. This increased operational costs, missed drug development time-lines and raised risk of trial failure. In order to alleviate these pressures, Quadratyx developed a multi-site capacity plan using advanced analytics to analyze site risks and generating action items to mitigate those risks. 

Using advanced AI and ML algorithms, to compute the following:

  • Statistical techniques: discover patterns from patient’s database.
  • Performance scoring model: for all the facilities in the study.
  • Optimization engine: plan patient release count across facilities.
Clinical Trials

AI Powered Dynamic Retail Pricing

Competing in Today's Retail Landscape

In order to achieve expected ROI, a leading US based healthcare product manufacturing company realized the need to rethink their global product launch strategies. Traditional absolute pricing models were no longer yielding expected results and they contacted Quadratyx to assist in building dynamic pricing model.

The goal is to study the existing data and develop a decision making descriptive analytics dashboard using Tableau to get a deeper understanding of their business’s revenue, including

  • Their forecast performance.
  • Pricing trends
  • Product margins
contact eye lens
factors

Identify the

Influencing Factors

Informed decision

Business Decisions

Based on a scientific approach for pricing

Top finanical

Positive financial outcome with

Improved Top Line

Other opportunities to enhance business intelligence using AI and analytics.

For more information on how to make AI and Big Data work for your Company